Friends Of New Hope Inc
- Assets
- $368.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Barryville, NY
- Founding
- 04/1987
- Data as of
- 12/2023
- EIN
- 11-2831505
Organization Overview
Friends Of New Hope Inc is located in Barryville, NY. The organization was established in 1987. According to its NTEE Classification (F99) the organization is classified as: Mental Health & Crisis Intervention N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of New Hope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friends Of New Hope Inc generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $24.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES MONETARY SUPPORT AND VARIOUS SERVICES TO AN ORGANIZATION THAT REHABILITATES FEMALE DRUG ADDICTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Devore Director | 3 | $0 | |
Laura Burrell Director | 3 | $0 | |
Ruth Ellen Laruffa Director | 3 | $0 | |
Carol Reynolds Director | 3 | $0 | |
Shain Fishman Director | 3 | $0 | |
Cathy Daboul Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $726 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $97 |
| Other Revenue | $0 |
| Total Revenue | $9,908 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,324 |
| Total expenses | $24,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,535 |
| Other assets | $0 |
| Total assets | $368,283 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,283 |